#ADNOC Distribution

Abu Dhabi’s ADNOC Distribution launches next-gen retail concept

The first new generation store has been opened at ADNOC’s Sheikh Khalifa Energy Complex

Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021

It recorded a net profit of Dhs529m for the third quarter of 2021

Abu Dhabi’s ADNOC Distribution approves $350m interim cash dividend for H1 2021

This is the first payment in what is expected to be a full-year 2021 dividend payment of Dhs2.57bn

Abu Dhabi’s ADNOC Distribution included in FTSE Emerging Markets Index

The inclusion is expected to attract more foreign investors into ADNOC Distribution shares

Abu Dhabi’s ADNOC Distribution to raise approximately $1.64bn via combined share, bond offering

The transaction is the first combined equity and exchangeable bond offering in the GCC

Abu Dhabi’s ADNOC Distribution appoints new CEO

Bader Saeed Al Lamki will commence his role on May 27, 2021

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

The fuel retailer will now be among nine UAE-listed companies to be part of the index

ADNOC Distribution

UAE’s ADNOC Distribution changes share dividend policy

It confirmed a minimum Dhs2.57bn dividend for 2022

UAE’s ADNOC Distribution records Dhs2.4bn in net profit for 2020

During the year 2020, ADNOC Distribution opened 64 new stations

Abu Dhabi’s ADNOC Distribution to acquire 15 fuel stations in Saudi for $10m

The stations, located in the eastern region, with sites on both the highway and within communities, will be refurbished

ADNOC Distribution launches three new stations in Dubai

The service stations are located at Jafaliya, Nad Al Sheba, and Studio City

UAE’s ADNOC Distribution trains 254 Emirati employees for leadership roles

There were 75 women and 179 men trained for leadership roles in the company

ADNOC Distribution

ADNOC Distribution net profit dips 22.4% in H1 2020

Its revenue for H1 2020 stood at Dhs7.95bn, down 22.6 per cent from Dhs10.27bn year-on-year

ADNOC Distribution launches 5 new on-the-go stations in Abu Dhabi in May

In 2020, a total of 10 ‘ADNOC On the go’ stations have been opened across Abu Dhabi and Al Ain

ADNOC Distribution Service Station

ADNOC Distribution’s Q1 net profit down 31%

Its underlying EBITDA grew 4.7 per cent year-on-year to $171m in the first quarter of 2020